Physician Payment Fix in the Works

Congressional leaders are in active discussions on how to fix – at least for a year – the physician’s Medicare payment system. A House vote on a solution could come as early as this week. Without a fix, docs take a 27.4% Medicare pay cut Janauary 1. The cost of a one year fix is about $21 billion over 10 years. A two year fix costs $38.6 billion. Most everyone want to fix it, but not everyone agrees on how to pay for it. There’s some discussion about taking funds from the CMS Innovation Center. Click here for a new CBO analysis of the financial cost of a fix. Click here to see the Schedule.